Under $300K Investment Properties for Sale in Detroit, MI
Listed for sale 1 day ago
$ 140,000
ROI
23.9
Cash Flow/m
160- 3 Bed
- 2 Bath
- 2050 sft
17268 Sunderland Rd, Detroit, MI, 48219
Rental Income
Listed for sale 1 day ago
$ 240,000
ROI
23.7Cash Flow/m
263- 5 Bed
- 3 Bath
- 2978 sft
17566 Stoepel St, Detroit, MI, 48221
Listed for sale 2 days ago
$ 219,000
ROI
27.5Cash Flow/m
473- 3 Bed
- 3 Bath
- 1600 sft
3963 Yorkshire Rd, Detroit, MI, 48224
Listed for sale 2 days ago
$ 169,900
ROI
30.8Cash Flow/m
520- 3 Bed
- 2 Bath
- 1250 sft
16655 Stansbury St, Detroit, MI, 48235
Why Invest in Detroit, Michigan?
Detroit properties under $300k offer strong entry points for investors seeking high cash flow opportunities. The city's revitalization drives solid rental demand with average rents around $1,200 monthly. Cap rates hover at 8-10% while appreciation reaches 5% annually in key neighborhoods. Renter occupancy exceeds 70%, supported by job growth in automotive and tech sectors. Low acquisition costs enable quick scaling of portfolios with reliable ROI.
12%
Avg. ROI
9.5%
Rental Yield
9.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5.1%
1Y Appreciation
Frequently Asked Questions
Low entry prices combined with high rental yields around 9% create strong cash flow. Revitalization efforts boost appreciation at 5% yearly. Renter demand remains robust due to job growth in key sectors.
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